Frisbee
2022-11-29
$Walt Disney(DIS)$ 

One interesting possibility is for Disney to acquire Candle Media. It was launched in 2021 by former Disney executives Kevin Mayer and Tom Staggs with $2 billion in backing from Blackstone. Candle's been on an acquisition binge ever since.

Mayer and Staggs could co-run Disney like Michael Eisner and Frank Wells did in the 1980s. 

There are plenty of things that need attention at Disney but none is more important than fine-tuning the company's streaming strategy. First, it needs to widen the content it puts on Disney+. If it doesn't, it's hard to see it reaching its goals for subscribers or profitability.

Iger gets all the credit for launching Disney+ in 2019. Now it's up to him to make it more profitable. That's no sure thing.

They say you can't put the genie back in the bottle. But, unfortunately, Disney's attempting to do just that. Shareholders shouldn't rejoice this move. It could easily backfire. 

@Daily_Discussion 


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Comments

  • pixiezz
    2022-11-29
    pixiezz
    What is the point in staying in the stock market when you are losing money every day. You're better off in a 3% savings account. I'm dumping this stock.
  • wigglyz
    2022-11-29
    wigglyz
    the ultimate trend is clear, this company is headed far lower. I'm just waiting for a sell signal to short the h out of it.
  • bubblyx
    2022-11-29
    bubblyx
    Disney and Apple are on their way down.
  • Road1Warrior
    2022-11-29
    Road1Warrior
    wow one person can fix the whole thing
  • Trainman
    2022-11-29
    Trainman
    go for it
  • TKPK
    2022-11-29
    TKPK
    thanks for sharing
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